Retirement planning for incorporated professionals
Explore Whether the Canadian Physicians’ Pension Plan Is the Right Fit for You
Learn how pension planning may help incorporated physicians, professionals, and business owners build retirement assets more strategically using corporate income and long-term planning discipline.
For incorporated physicians and business owners
Coordinated with pension specialists
Illustrations available upon request
AT A GLANCE
Who typically explores these plans?
Ideal for those looking to maximize retirement savings, reduce taxes, and protect personal and corporate assets.
Individuals who want to create larger retirement savings and more tax deferral than traditional registered plans like RRSPs or TFSAs.
Incorporated professionals and business owners looking for a pension structure comparable to those available in the public sector.
Individuals who want a more structured retirement planning strategy.
CPPP
The Canadian Physicians’ Pension Plan (CPPP) is a federation of individualized pension plans established by professional corporations. The CPPP was designed for incorporated professionals and is the most tax-effective way of saving for the future, eclipsing all other savings vehicles such as TFSAs, RESPs and RRSPs.
BENEFITS
Why Clients Explore the Canadian Physicians’ Pension Plan
- Potential to pass wealth to your loved ones without triggering taxes on capital gains or probate fees through the intergenerational wealth transfer
- Adapt your contributions to your business’s cash flow
- Invest in asset classes that aren’t available for an RRSP or TFSA
- Highest level of creditor protection in Canada
- Recession-Resistant Benefits
- Government Approved
PROCESS
How the Process Works
We keep the process simple, practical, and focused on whether the opportunity is worth pursuing further.
Review the Basics
Start with a high-level overview to determine whether a pension plan may be relevant to your situation.
Request an Illustration
Get a high-level illustration to see what the numbers look like for you.
Speak With an Expert
Tailored plans based on your age, compensation and corporate structure.
EDUCATIONAL EVENT
Pension Planning Webinar Recording
Watch the recorded session with Jean-Pierre Laporte, CEO of Integris, for a practical overview of pension planning opportunities for incorporated physicians, business owners, and professionals.
A strong first step if you are not ready for a one-on-one discussion.
Frequently Asked Questions
Do I need to max out my RRSP first?
No. You do not need to maximize your RRSP before joining the CPPP. The CPPP can still be beneficial even if you have never contributed to an RRSP.
If you have existing RRSP contribution room, you will not lose it by joining a CPPP. However, future RRSP contribution room is reduced due to the pension adjustment associated with the plan.
Can I request an illustration before deciding?
Yes. In most cases, a high-level illustration is the best next step before determining whether the strategy is worth pursuing further.
How do Bond and Integris work together?
Bond helps identify planning opportunities and coordinates the next step with our pension planning partners, who provide specialized illustrations and pension guidance.
Is this only for physicians?
No, the CPPP is for all incorporated professionals.
NEXT STEP
Find Out Whether a Pension Plan Makes Sense for You
If you are an incorporated physician, professional, or business owner with retained earnings and an interest in long-term retirement planning, we would be pleased to coordinate the next step.
Contact
Christopher Powis
Client Services & Corporate Tax Specialist
Email: christopher.powis@bondconsulting.ca
Tel: 416 503 4607 x244
Bond Consulting Group
The information on this page is general in nature and is provided for educational purposes only. Suitability depends on individual circumstances, including profession, compensation structure, age, corporate profile, and long-term retirement objectives.
Planning support
Coordinated with Bond and our pension planning partners at INTEGRIS.
SR&ED Doctors is a division of Bond Consulting Group. All rights reserved.
Bond Consulting Group
920 The East Mall
Toronto, Ontario
M9B 6K1
416-503-4607
1 888 SRED-007
info@sreddoctors.ca
